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Poster: William Tell Date: Jan 21, 2011 11:26am
Forum: GratefulDead Subject: Re: Final Summation: The Gold Mine...

[thx, micah; thought I'd co-opt your thread to make it a "two-fer" in which we summarize these two "summary posts" of late, eh?]

Summarizing the "Gold Mine" thread below (thx for all the input, folks!), I would say these pts emerged:

First, we suspect (know?) touring is more $$ than selling CDs. Right? However, the "vault" could still be a "small gold mine" if the costs are low, and the sales high enough (again, we don't know), right? At least this makes Bob's concern in 05 "legit" in the sense of "there's $$ to be made!" (we all agree with that at some level, I assume, if they eventually sell EVERYTHING in the vault in some form or another), BUT, that he was DEAD wrong that having the SBDs pulled "saved the day!" as IMHO, these sales go thru regardless (ie, cause we all want the final, special product they produce, right?).

So, I conclude the "answer" is that there IS/WAS $$ to be made off the vault, BUT it didn't matter (or was perhaps made "better" by the sharing, the music is "yours" approach, planned or otherwise, of "our" band), and Bob's concern was "misplaced". NOTE: just using Bob as an example here, Bobby Lovers...no offense!

Second, on the "why do they tour?" query, a sidelight of the Gold Mine thread, I'd say IF we know Phil, eg, is worth $35 mil, THEN it follows he's touring for the love of it (again, IMHO). I think it reasonable that he does Further because it's more fun, even if musically marginal (ie, lets say Billy & Mickey are really do it "better"; ie, they want to expand their musical horizons, stay fresh, etc., etc.) but that it's less likely he makes his touring decisions solely on the $$ scale. Just my thoughts along this line...He's worth too much (if Rosey's right about the $$) for me to believe $$ enters into it as primary...

Again, these conclusions are mine alone, and rest on certain assumptions, outlined above.

Thanks one and all!

And thanks, kiddo (micah) for your efforts on East vs West...of course, we Westies "win" regardless of numerical inadequacy for the simple fact that we are "closer to home", and everyone knows, you just have to go West, at some pt in your journey, even if you eventually end up "East" (it is a circle, afterall...sorry, you Flat Earth Types!). There's a REASON everyone (well...most everyone) eventually moves away from bitter cold climates in the East, or horrifically humid lowlands beneath the Appalachian Spine in the Southeast. Need I even mention WHY folks also "get outta Dodge!" when they find themselves in the Midwest for any length of time?

I think not.


This post was modified by William Tell on 2011-01-21 19:26:29

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Poster: micah6vs8 Date: Jan 21, 2011 12:33pm
Forum: GratefulDead Subject: Re: Final Summation: The Gold Mine...

I completely agree WT. I had a thought (rare I know:-). If my parents were going to eventually will me a sizable share of that annuity (the archive), I would feel pretty good about my golden years. Money is just part of that game. I wonder how much GD has spent on taking care (or not) of their finances throughout their existence? Not small beer I would bet. Motivations? It's what PL & BW do and love. And it's good money if you can make it. And they can. I certainly would be somewhere else, all quiet and warm.
Which brings me to the West. I was surprised by the small number. I know there are several folks out there who passed. Maybe watching too much BB? And AR had 2 foreign at least who passed. You know who you are. You broke her poor Nepalese heart.

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Poster: advokat Date: Jan 21, 2011 1:07pm
Forum: GratefulDead Subject: Re: Final Summation: The Gold Mine...

How can you watch too much BB? It's what lets you know the Huskies can match up with anyone and the turf toe injury in Durham is of dramatic impact.

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Poster: micah6vs8 Date: Jan 21, 2011 1:27pm
Forum: GratefulDead Subject: Re: Final Summation: The Gold Mine...

http://tinyurl.com/4gkxvnz :-(

Kemba 25.5 a game, baby. Two conference loses hurt though. Four teams ahead of us in the standings.
You've only been nicked once and are higher ranked. Geez. Devil fans ....

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Poster: advokat Date: Jan 21, 2011 2:58pm
Forum: GratefulDead Subject: Re: Final Summation: The Gold Mine...

Right now it's either KW or the BYU kid for POY. Nolan Smith has good chance for ACC POY and 1st Team All-American.

Kyrie's cast comes off February 4th ... we'll see if he reappears in March or not.

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Poster: fenario80 Date: Jan 21, 2011 11:32am
Forum: GratefulDead Subject: Re: Final Summation: The Gold Mine...

As Bob (Dylan) says: "what else am I going to do?"

I think Bob Weir tours because playing is his life. He practically grew up on stage, and this is just what he does. imho

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Poster: dark.starz Date: Jan 21, 2011 7:02pm
Forum: GratefulDead Subject: Re: Final Summation: The Gold Mine...

What Bob Dylan Said was;

"I have complete respect for anyone with the courage to get-up on-stage and perform".

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Poster: fenario80 Date: Jan 25, 2011 8:30pm
Forum: GratefulDead Subject: Re: Final Summation: The Gold Mine...

hmmm ... I'm sure he did, but I was referencing a 21st century interview (can't seem to find it) where the dumbass interviewer asked him if he was "trying to prove something" or trying to "set a record" with his never-ending tour, and Bob's answer was something to the effect of "this is my job, this is what I do, I play music for people"

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Poster: ringolevio Date: Jan 21, 2011 8:15pm
Forum: GratefulDead Subject: Re: Final Summation: The Gold Mine...

"I think Bob Weir tours because playing is his life. He practically grew up on stage, and this is just what he does."

Yes, this.

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Poster: elbow1126 Date: Jan 21, 2011 2:36pm
Forum: GratefulDead Subject: Re: Final Summation: The Gold Mine...

I agree with everything, i think. However I don't think anyone said that they were touring or doing Further primarily for money. I think, "they love to perform" was mentioned multiple times. I just don't see how the fact that Further and The Dead can play MSG and Ratdog, PAF, 7 Walkers, Rhythm Devils, play theaters and bars isn't part of the equation of how they choose to tour.

The other thing i don't get is if these guys are worth 30 million, then why would anyone think that the E72 box will be a big payday? 7200 copies at $450/box means it grosses around $3M. Take out the costs and Rhino's cut which i assume is substantial since they already paid for the rights to do something like this, leaves a relatively small return for people with that kind of wealth. Granted they don't really have to do anything at this point so its easy money but probably a drop in the bucket compared to what they supposedly have. If we accept all of these assumptions then i think we are back to the vault not really being much of a gold mine for the band. Maybe Rhino is the one trying to generate the capital that Cliff was talking about. Maybe they finally figured out a way to cash in on their investment.

On second thought, i agree with nothing you said!

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Poster: William Tell Date: Jan 21, 2011 8:30pm
Forum: GratefulDead Subject: Re: Final Summation: The Gold Mine...

Right--I think; big or small, who owns the Gold Mine, is one question you and I have often asked.

Still think Bob was right and wrong, as stated.

And do think that Phil tours for the intangibles, as Rob and I said elsewhere...so, no, I don't really think he factors $ into it per se. I think just like Jerry picked bars over anything with the DEAD (ie, he rejected $$, clearly), Phil is doing the same (but in this case, it makes $$).

Assume after all these yrs, that makes sense, right? IE, you follow my logic.

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Poster: elbow1126 Date: Jan 22, 2011 4:45am
Forum: GratefulDead Subject: Re: Final Summation: The Gold Mine...

Yes after all these years i follow your logic. I wrote that last one before i saw the discussion you had with Rob about motivation which made sense to me as well.

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